Posts Tagged ‘demand’

  • Looming Worldwide Pig Shortage

    Pork Problems

    Sep 28, 12 • 241 Views • No Comments

    Announcing the cancellation of this year’s bacon eating contest, Major League Eating (“the world body that governs all stomach-centric sports’) said,  “We cannot, in good conscience, allow top ranked eater Joey Chestnut to eat bacon...  [read more]

  • Chinese Consumers and Fresh Apples

    Fresh Apple Demand

    Sep 27, 12 • 305 Views • No Comments

    Again we connect to China with an apple but this time it’s the fruit. As incomes rise, so too has fresh fruit consumption in China. In addition to buying pork and owning dogs, consuming pecans and carrying Coach purses, an increasingly affluent Chinese...  [read more]

  • Singapore's Expensive VW Passats

    Singapore’s Pollution Solution

    Sep 25, 12 • 334 Views • No Comments

    When a country’s economy is ranked the 2nd freest in the world, how do they manage auto congestion and pollution? By auctioning a limited number of vehicle permits, Singapore makes owning a car very expensive. A VW Passat in Singapore could cost as...  [read more]

  • GDP...16843_5.2_9209625-gdp

    iPhone 5 Economics

    Sep 13, 12 • 1785 Views • No Comments

    Explaining the probable impact of the new Apple iPhone, one UPS employee recalled the impact of the last new iPad launch.  At its internal hubs, UPS created more work hours for part timers and enjoyed more revenue because of the volume spike that lasted for...  [read more]

  • Prices convey information.

    Speed Pricing

    Sep 6, 12 • 317 Views • No Comments

    What does a price tell you? Assume that you were going to purchase a GE Advantium 120 microwave oven on Sunday, August 12. Comparing Sears, Best Buy and Amazon’s sellers at 3 a.m., you would have seen, respectively, $899.99, 809.99 and 744.46. At...  [read more]